PSERS Benefit Multiplier Increase
Effective 7/1/2022


The benefit rate for members of the Public School Employees Retirement System (PSERS) has been raised for PSERS members, retirees, and beneficiaries with retirements on or after 8/1/2012, from $15.75 to $16.00 per month per year of service.  This increase is effective 7/1/2022 and will be reflected in the July 2022 pension payment.

To learn more about your PSERS retirement benefit, please visit the PSERS plan page.